Franklin Electric Reports Quarterly Cash Payment
FORT WAYNE, Indiana, Oct. 24, 2022 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) today announced that its Board of Directors has declared a quarterly cash dividend of $0.195 per share payable on November 17, 2022, to shareholders of record on November 3, 2022.
Franklin Electric is a world leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal and fueling applications.
“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995. All forward-looking statements contained herein, including those relating to market conditions or the company’s financial results, costs, expenses or reductions in expenses, profit margins, inventory levels, currency conversion rates, liquidity forecasts, business objectives and sales growth, involve risks and uncertainties, including but not limited to risks and uncertainties regarding general economic and monetary conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, market constraints, supply, effect of price increases, raw material costs, technological factors, in integration of acquisitions, litigation, governmental and regulatory actions, Company accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company Security links and Foreign Exchange Commission filings, included in the 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Quarterly Reports of the corporation on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on currently available information, and the Company undertakes no obligation to update any forward-looking statements.
|Contact:||Jeffery L. Taylor
Franklin Electric Co., Inc.